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Wereldhave Belgium (XBRU:WEHB) EBIT : €92.05 Mil (TTM As of Jun. 2024)


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What is Wereldhave Belgium EBIT?

Wereldhave Belgium's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €70.55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €92.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wereldhave Belgium's annualized ROC % for the quarter that ended in Jun. 2024 was 4.59%. Wereldhave Belgium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 15,278.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wereldhave Belgium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 15.83%.


Wereldhave Belgium EBIT Historical Data

The historical data trend for Wereldhave Belgium's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wereldhave Belgium EBIT Chart

Wereldhave Belgium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.97 -19.47 42.96 61.19 42.65

Wereldhave Belgium Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.86 25.33 21.15 21.50 70.55

Competitive Comparison of Wereldhave Belgium's EBIT

For the REIT - Retail subindustry, Wereldhave Belgium's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wereldhave Belgium's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Wereldhave Belgium's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wereldhave Belgium's EV-to-EBIT falls into.



Wereldhave Belgium EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €92.05 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wereldhave Belgium  (XBRU:WEHB) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Wereldhave Belgium's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=50.524 * ( 1 - 0.06% )/( (1034.157 + 1166.049)/ 2 )
=50.4936856/1100.103
=4.59 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Wereldhave Belgium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=141.094/( ( (0.892 + max(-6.186, 0)) + (0.955 + max(-81.465, 0)) )/ 2 )
=141.094/( ( 0.892 + 0.955 )/ 2 )
=141.094/0.9235
=15,278.18 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.457 + 0 + 0.206) - (10.61 + 0 + 22.239)
=-6.186

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.165 + 0 + 0.331) - (6.824 + 0 + 100.137)
=-81.465

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Wereldhave Belgium's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=92.051/581.446
=15.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wereldhave Belgium EBIT Related Terms

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Wereldhave Belgium Business Description

Traded in Other Exchanges
Address
Medialaan 30/6, Vilvoorde, BEL, 1800
Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's focus is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. The majority of its revenue is from rental income.

Wereldhave Belgium Headlines

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